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Image 1 - 8911 Troy St, Spring Valley, California, 91977 - House for sale

Image 2 - 8911 Troy St, Spring Valley, California, 91977 - House for sale

Image 3 - 8911 Troy St, Spring Valley, California, 91977 - House for sale

Image 4 - 8911 Troy St, Spring Valley, California, 91977 - House for sale

Image 5 - 8911 Troy St, Spring Valley, California, 91977 - House for sale

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Image 7 - 8911 Troy St, Spring Valley, California, 91977 - House for sale

Home For Sale In Spring Valley, California

8911 Troy St, Spring Valley, California, 91977

Home For Sale In Spring Valley, California

house for sale

8 views

Listed: 03/07/24

8911 Troy St, Spring Valley, California, 91977

3 Bed:

2 Bath:

2,642 Sq Ft Living Area:

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Price

$ 1,55M

Price: Increased

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About This House

Renovated, 2-unit multifamily duplex with (5) rear storage sheds on21K SFof commercially-zoned land. Commercial/mixed-use zoning (C-36), may allow for 16-20 unit and/or ADU development potential, possibly more with County-approved affordable density bonuses. Seller spared no expense in renovating these units - all new electrical, plumbing, and exterior/interior renovations. Assessor has deemed unit condition to be equivalent of new. Turn-key condition for immediate cash flow during entitlements. (1) 2bed/1bath front house with private front yard + rear (1) 1bed/1bath. Plenty of room to add on and expand units and to redevelop. At least 35 parking spaces in current configuration, which may allow for additional income during entitlements. 5 rear storage sheds for additional income. Estimated $7K/month in gross achievable income in current configuration. High-traffic, family-friendly Spring Valley location near amenities, parks, schools, restaurants/retail, freeways, and public transit.

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Original listing

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Spring Valley Housing & Living

Average sale prices for houses

3 bed

4+ bed

Show as List Show as Graph

Month	Median Price
May 2024	$748,712 (+9.9%)
Apr 2024	$680,988 (0%)
Mar 2024	$680,988 (0%)
Feb 2024	$680,988 (0%)
Jan 2024	$680,988 (-11.4%)
Dec 2023	$768,228 (0%)

In May 2024, the asking price for 3 bed houses for sale in/near Spring Valley, United States averaged $748,712, an increase of 9.9% from the previous month.

Median price trends for properties for sale in Spring Valley, United States as of May 2024.

Household Income

Median household income: $62,734

Number of households: 9,740

The average household income in Spring Valley, CA grew from $60,600 to $62,734 in the past year. This data is an estimate based upon 9,740 households in Spring Valley, CA.
The chart below presents how household income is distributed in Spring Valley, CA in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+

One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Spring Valley, CA compared to median property taxes around the country. The prevalent amount of property taxes in Spring Valley, CA equals $3k+ , which is more than the national average.

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